Nvidia is spending more than ever on Washington lobbying. It may not stop Congress from limiting China chip sales now.

Nvidia is ramping up its lobbying efforts in Washington, D.C., spending more than ever to influence policy, yet it's facing an uphill battle as Congress is leaning toward a complete ban on selling advanced semiconductors to China. A former U.S. ambassador to Beijing predicts this move is inevitable, highlighting growing national security concerns about tech exports to China. This shift matters because it underscores the tension between economic interests and national security, potentially reshaping global tech trade dynamics.